All The Restaurant Group (TRG) articles – Page 9
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NewsTRG pulls out of Peach talks
The Restaurant Group (TRG) has pulled out of talks to acquire Peach Pub Company, the Midlands-based, multiple pub operator, as it puts all its focus on getting its proposed £559m acquisition of Wagamama across the line, MCA understands.
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NewsInvestors wade in to support TRG strategy
The Restaurant Group has received backing for its bid to acquire Wagamama from top 5 investor Jo Hambro.
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NewsTRG investors savage Wagamama bid
The Restaurant Group’s bid to acquire Wagamama has come under fresh pressure after two investors said the deal would destroy shareholder value.
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Opinion
Analysts corner: Peel Hunt on TRG
Peel Hunt analysts Douglas Jack and Ivor Jones have updated their comments on The Restaurant Group’s bid for Wagamama, saying yesterday’s rights issue announcement failed to address the key issues. They set out some of the questions they believe investors should be asking of the group.
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NewsTRG launches £315m rights issue
The Restaurant Group (TRG) has confirmed its fully underwritten rights issue to raise £315m for the proposed acquisition of Wagamama.
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NewsAnalysts corner: Goodbody on TRG/Wagamama deal
There have been a range of positive and negative reactions from analysts following the proposed sale of Wagamama to The Restaurant Group, but despite some concerns Goodbody feels is it a deal that can deliver.
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NewsAnalysts corner: Peel Hunt on TRG/Wagamama
Peel Hunt analysts Douglas jack and Ivor Jones have expressed “considerable doubts” about The Restaurant Group (TRG)’s plans to acquire Wagamama.
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NewsAnalysts corner: Barclays on Wagamama sale
Following the news that The Restaurant Group (TRG) has set the wheels in motion to acquire Wagamama, Barclays lends its thoughts on the subject, and warns the brand not to go changing.
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NewsTRG gambles big on Wagamama deal
The Restaurant Group (TRG) chief executive Andy McCue has rolled the dice and landed on Wagamama – arguably the UK restaurant sector’s best-in-class concept. It is a gamble that many would argue the Frankie & Benny’s operator had to take, but – with TRG’s shareholder still to OK the deal – what does it mean for both businesses and for the wider sector, asks Mark Wingett.
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NewsAnalysts corner: TRG’s acquisition of Wagamama
Following the news this morning that The Restaurant Group is to acquire Wagamama, we round-up some of the latest analysts’ reaction on the deal, including Shore Capital, Goodbody, Berenberg and JP Morgan.
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NewsTRG swoops in to purchase Wagamama in £357m deal
The Restaurant Group (TRG) has announced it has conditionally agreed to purchase the entire capital of Mabel Topco Limited – the holding company of a group that owns and operates Wagamama.
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NewsPaul May steps down from TRG board
Paul May, the chief executive of Patisserie Holdings, is to leave his role as a non-executive director at The Restaurant Group with immediate effect.
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NewsMcGowan departs TRG in restructure
The Restaurant Group has confirmed to MCA that Murray McGowan has left his role as managing director of its Leisure division.
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NewsTRG brings nine more sites to market
The Restaurant Group has brought another nine sites to the market, following the successful disposal of 31 restaurants to date.
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NewsTRG appoints auditor
The Restaurant Group has announced the appointment of Ernst & Young as its new auditor.
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NewsTRG appoints head of ops for Food & Fuel
The Restaurant Group (TRG) has appointed Nick O’Donnell, formerly of Mitchells & Butlers (M&B), as head of operations for its recently acquired Food & Fuel business.
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NewsBrunning & Price acquires Surrey Hills pub
Brunning & Price has acquired The Parrot Inn in Forest Green, near Dorking, Surrey.
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NewsTRG in talks to acquire Peach Pub Company
The Restaurant Group (TRG) is in talks to acquire Peach Pub Company, the Midlands-based, multiple pub operator
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News
TRG appoints SSP’s Ash as brand director
The Restaurant Group has appointed SSP’s Elise Ash as its new brand director.
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NewsTRG appoints new CIO
The Restaurant Group (TRG) has appointed Edgardo Savoy as its new chief information officer.